Category Archives: Top Corporate News

CORPORATE NEWS Sadbhav Infra gets Rs833cr in connection with six operational road projects. Sadbhav Infrastructure Project has received Rs833cr towards the first tranche in connection with the sale of entire equity share capital held by the company in six operational road projects to the Indlnfravit Trust. We have been credited 6.20cr units of Indinfravit Trust

Morning news and update Nifty witnessed a gap-up start on Wednesday but it shaved off some of the early gains in the first couple of hours of the session. However, the bull regained strength as the day progressed and ended the day near day high. At close, Nifty rose 133 points or 1.11 per cent.

Morning news and update Nifty started off the fresh week on a flat note. However, the index witnessed a gradual correction during the day and ended it with losses of 0.56 per cent. The price action of the day formed a bear candle carrying lower high and lower low, indicating a follow-through weakness in the

CORPORATE NEWS Tata Motors board meeting to be held on Feb 24 to discuss NCD issues. Tata Motors said in the press note on Monday that it is desirous of offering rated, listed, unsecured, redeemable, non-convertible debentures, aggregating Rs500cr in two tranches. In this regard, it is “holding a meeting of its duly constituted committee

Morning news and update In the last week, Nifty consolidated in 256 points range and finally closed the week with miniscule gains of 0.12 per cent or 15 points. The price action of the week resulted into a formation of long-legged doji at multiple resistance points and it failed to close above the previous week

CORPORATE NEWS Pfizer Q3 net profit up 5% to Rs 139cr. Drug firm Pfizer Ltd on Friday reported a 5.39 percent rise in net profit to Rs 139.06 crore for the quarter ended December 31, 2019.The company had posted a net profit of Rs 131.94 crore for the corresponding period of the previous fiscal, Pfizer